Grandbridge provides $426m in funding for seniors housing portfolio

Grandbridge Real Estate Capital’s Seniors Housing and Diversified Healthcare Finance Group has provided $426.8 million in financing for a senior housing portfolio, according to various media outlets.

The borrower is a publicly traded healthcare REIT.

The portfolio comprises 19 senior housing properties across 10 states and was financed by an agency lender.

Further details on the borrower, properties and financing were not disclosed.